Kolkata/IBNS: Government choices are clearly driven by hope at a time when the economy is coming back to normal, according to Government of India’s Chief Economic Advisor Dr. Krishnamurthy Subramanian.
Mumbai/IBNS: The Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs 3 lakh on Bollywood actor Shilpa Shetty and her husband and businessman Raj Kundra, and his company Viaan Industries for violation of its Insider Trading rules.
Mumbai/IBNS: Market regulator SEBI has invited applications for internships in its information technology department (ITD) offering opportunity to work on data analytics and FinTech.
Mumbai/IBNS: The Securities Exchange Board of India (SEBI) has cleared the Rs 24,713 crore retail asset sale of Future Group to Mukesh Ambai-led Reliance Industries, which is being challenged by global e-commerce major Amazon.
New Delhi/IBNS: Market regulator Securities and Exchange Board (SEBI) has fined New Delhi Television Ltd. (NDTV) promoters Prannoy Roy and Radhika Roy Rs. 27 crore for allegedly violating various security norms, media reports said.
Mumbai/IBNS: The Securities and Exchange Board of India (SEBI) has filed a petition with the Supreme Court seeking its direction to Sahara group chief Subrata Roy to pay Rs 62,600 crore ($8.43 billion) right away, or cancel his parole if he refuses the payment, said a media report.
New Delhi/IBNS: The government is planning to sell 15-20 per cent of its stake in Indian Railway Catering and Tourism Corporation (IRCTC) through offer for sale (OFS) route where at least 25 per cent shares are reserved for Institutional Investors like the insurance and mutual fund companies, said media reports.
Mumbai/IBNS: In a bid to enhance its analytical capabilities using advanced tools, the Securities Exchange Board of India (SEBI) has formed a high level committee to examine financial and regulatory technology, a media report said.
The Digital Era has brought innovations in everything from academic knowledge to financial trading. One of those changes is in how we handle trading across borders through paperless avenues.
Mumbai/IBNS: The Securities and Exchange Board of India (SEBI) has sought information from the custodians on details of Chinese investments or money routed through the country into Indian stock markets, said a Mint report.
The power and the responsibility to restructure the backbone of the economy, or strengthen it in the first place, of the nation lies with businessman who invest in its resources. This journey is not always decorated by flowers, thorns are also strategically placed in the path to deter them and serve personal motives. Pointing fingers has never been considered ethical or even safe, but Jignesh Shah finds himself in the unique position of opposing the very system he wished to serve.
Mumbai, Dec 21 (IBNS): Financial Markets Regulator SEBI (Securities and Exchange Board of India) is not looking at taking up too many cases for punitive action – rather, it aims at taking action only in such cases where strong action is merited.
New Delhi, Aug 11 (IBNS): A Mauritius-based investor, Royale Partners Investment Fund, on Friday said it has offered to invest $1.67 billion (over Rs10,700 crore) in embattled Sahara groupâ€™s Aamby Valley project, a press release from Sahara Corporate Communications said.
New Delhi, Jun 7 (IBNS): The Union Cabinet chaired by Prime Minister Narendra Modi gave its approval to the Securities and Exchange Board of India (SEBI) for entering into a Memorandum of Understanding (MoU) with European Securities and Markets Authority (ESMA) in relation to Mutual Co-operation.
Gandhinagar, Jun 5 (IBNS): Indiaâ€™s leading stock exchange, the National Stock Exchange (NSE). on Monday launched its exchange, NSE IFSC at GIFT IFSC, Gandhinagar, Gujarat.